DFW Home Prices Still Suffering

DFW home prices still suffering. #p #in

Last Update: 2012-03-14 09:27:59

DISTRESSED PROPERTIES DEPRESS FT. WORTH HOME VALUES
FORT WORTH (Fort Worth Star-Telegram) â€“ Short sales, bank-owned and real-estate-owned transactions are affecting house prices, according to a report by CoreLogic.
Including distressed properties, home prices in Fort Worth-Arlington dropped 1.9 percent in January over the same month in 2011. The year-over-year decline was 0.4 percent for Texas and 3.1 percent nationally.
Not accounting for distressed properties, Fort Worth-Arlington saw a 3 percent increase in home values. Texas saw a 1.9 percent jump in prices.
Even excluding distressed properties, U.S. home values still declined 0.9 percent in January.